The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.
The Southeast Asian nation’s overall borrowings for 2026 will only be slightly higher than this year’s but the government aims to increase the portion that comes from abroad to 25% from 19% now as part of its debt management strategy, National Treasurer Sharon Almanza said.